It’s been the longest goodbye in the world. Richard Youle and Ian Bagshaw, Linklaters’ star private equity partners, are off to White & Case. It’s been an open secret in the private equity community that the two have been in talks with other firms. First Ropes & Gray in 2010, then Latham & Watkins and […]
Linklaters private equity partners Richard Youle and Ian Bagshaw have resigned from Linklaters to join the London office of White & Case. The pair’s resignation will be announced internally today (17 October) following several weeks of negotiations with the magic circle firm’s management. It is understood that the management had issued an ultimatum to the […]
Liverpool-headquartered Exchange Chambers has moved to slash costs in the wake of legal aid spending cuts, moving offices and implementing a room sharing option to reduce chambers contributions. It comes as the set expands through the addition of three members from St Johns Buildings. Barristers Philip Parry, David Bentley and Paul Hodgkinson joined Exchange as […]
Hill Dickinson is to launch a reputation management team in London after taking a two-partner team from media boutique PSB Law, which has shut up shop following the exits. PSB Law closed its doors at the end of September following the exit of Hannah Basha and Magnus Boyd earlier in the month. The pair join […]
Inner Temple set Fountain Court is weighing up whether to open an outpost in Singapore, in a move that further underlines the growing popularity of the Asian arbitration hub. Sources close to the set said chambers had sent a delegation to the jurisdiction and met with the City-state’s regulators to discuss a possible office opening. […]
It’s no secret that Barclays has tried to overhaul its reputation in the wake of the Libor-rigging scandal, but the high-pressure to turn things around is taking its toll on those responsible. After just 10 months in the newly-created role of compliance chief, former FSA-chief Sir Hector Sants is taking time out due to stress […]
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice. The results can be referred to throughout the year to benchmark any firm’s performance against […]
Davis Polk & Wardwell, Freshfields Bruckhaus Deringer and Morrison & Foerster (MoFo) have won roles on Chinese supermarket Wumart Stores’s proposed acquisition of a minority stake in Thai retailer CP Lotus for HK$2.3bn (£185m). As part of the deal, both companies will take minority stakes in each other through a share swap. Through the transaction, […]
Geoffrey Mead, employment law partner at Eversheds, has commented on the revelation of a hit list of 30 EU regulations that a UK task force of business leaders believes hamper British businesses and should be scrapped. Mead said that the news ‘will no doubt be music to the ears of the current UK government, which has openly expressed concern […]
Eversheds is advising the government of Uganda on the procurement of a lead investor and operator for the development and operation of the country’s first oil refinery. The oil refinery will have the capacity of 60,000 barrels per day, improving energy security in Uganda and east Africa generally. The prospective investor will be responsible for […]
Defence barrister Brian Dean of No5 Chambers has defended in a drugs case that saw Sandro Farini, 47, jailed for seven years after being caught smuggling more than £7m worth of high-purity narcotics into the UK. Farini’s number two Jaswinder Sahota, trusted lieutenant Ian Henderson and drivers Jeffery Robson and David Stacey have all also been […]
Michael Duck QC from No5 Chambers has defended in a recent murder case that saw John Ward, a homeless man, detained for life after pleading guilty to two counts of manslaughter on the grounds of diminished responsibility. Ward, 23, stabbed Ian Gladwish, 31, and Wayne Bust, 32, who were both Big Issue vendors, on Union […]